Selling a Rs.400 bulb for Rs.10 and other Brilliant Ideas to Reduce the Fiscal Deficit
Dr. Ajay Shah has timely and extremely well argued post on the government’s plans to subsidise LED bulbs costing Rs.400 to be sold for Rs.10! Hopefully the decision makers will…
Why Everyone & His Uncle Likes Doing Dr.Raghuram Rajan’s Job
Every time a monetary policy review is round the corner (like now), everybody from the Finance Minister to twitter-friendly industrialists decide to front run Dr.Rajan to get media attention. In…
Deal Alert: Paypal Start Tank to incubate two new start-ups
PayPal India has selected two new tech start-ups – Clockwork Interviews Pvt Ltd and Demach Software India Pvt Ltd – for its ‘Start Tank’ Incubation Center in Chennai from among…
Deal Alert: POPxo.com secures INR 3 Cr from Rajan Anandan, Chennai Angels, others
Google India Head Rajan Anandan, Chennai Angels (represented by CaratLane’s Mithun Sancheti), Hussein Kkanji and others have invested INR 3 crore in POPxo.com, a 7-month old digital lifestyle website focused…
Deal Alert: Kalaari leads $2-M Series A for real estate portal Grabhouse
Grabhouse, the property search and listings site owned by Mumbai-based Cryptopy Technologies, is raising $2 million in a Series A round of funding led by Kalaari Capital. Seed stage investor…
Deal Alert: Nexus invests in big-data powered marketing SAAS company: Blueshift
Blueshift Labs, a big data-powered marketing SaaS company, today announced that it has raised a $2.6 million Series-Seed round led by New Enterprise Associates (NEA) and Nexus Venture Partnerswith participation…
Deal Alert: Vishal Gondal invests in Flipsicle
KK Raghava founded Flipsicle, a New York-based startup focused on creating a new kind of social network, has attracted $2 million in angel funding from 10-12 investors, including Vishal Gondal,…
Deal Alert: Khosla incubates start-up to enable bank transactions via kirana stores
Khosla Labs, launched by investor Vinod Khosla, has incubated a technology startup to drive financial inclusion Novopay Solutions in Bangalore under the guidance of Srikanth Nadamuni. Novopay is a mobile…
Deal Alert: Indian Angel Network invests in Inthree
Inthree, which operates a rural distribution network, has attracted investment from the Indian Angel Network. The funding will be principally used to fuel Inthree’s evolution into a complete rural consumer…
Deal Alert: Dell Foundation invests Rs.12-Cr in virtual classroom firm Edutel
Michael & Susan Dell Foundation (MSDF) has invested INR 12.4 crores in Edutel Technologies, a Bangalore-based provider of virtual classrooms for students in government and low-fee private schools. The company…